China: Market for Wood Chips, Particles And Residues 2022

Market Size for Wood Chips, Particles And Residues in China

For the sixth consecutive year, the Chinese market for wood chips, particles and residues recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Production of Wood Chips, Particles And Residues in China

In value terms, wood chips, particles and residues production reduced markedly to $X in 2021 estimated in export price. In general, production showed a mild reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020, and then declined remarkably in the following year.

Exports of Wood Chips, Particles And Residues

Exports from China

In 2021, overseas shipments of wood chips, particles and residues decreased by -X% to X tons, falling for the sixth consecutive year after four years of growth. Overall, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, wood chips, particles and residues exports reduced dramatically to $X in 2021. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and Ukraine (X tons) were the main destinations of wood chips, particles and residues exports from China, together comprising X% of total exports. These countries were followed by Austria, Belgium, Vietnam, France, Norway, Belarus, Japan, Indonesia, Spain and Croatia, which together accounted for a further X 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood chips, particles and residues exported from China were Germany ($X), Belgium ($X) and Ukraine ($X), with a combined X% share of total exports. Vietnam, Austria, Spain, Poland, France, Norway, Japan, Croatia, Indonesia and Belarus lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for wood chips, particles and residues amounted to $X per ton, growing by X% against the previous year. In general, the export price saw a remarkable increase. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Belgium ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Particles And Residues

Imports into China

In 2021, approx. X tons of wood chips, particles and residues were imported into China; with an increase of X% on the year before. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, wood chips, particles and residues imports reached $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) constituted the largest supplier of wood chips, particles and residues to China, with a X% share of total imports. Moreover, wood chips, particles and residues imports from Vietnam exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was occupied by Chile (X tons), with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Vietnam stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Chile (+X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of wood chips, particles and residues to China, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Chile, with an X% share.

From 2012 to 2020, the average annual growth rate of value from Vietnam stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Chile (+X% per year).

Import Prices by Country

In 2020, the average import price for wood chips, particles and residues amounted to $X per ton, declining by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Chile ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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